Adam Justin Acquires Multifamily Property In Greenpoint, Brooklyn For $9.4M
SOLD
New York
See Similar DealsMultiFamily212,500 SF
Sold
SOLD
Adam Justin Acquires Multifamily Property In Greenpoint, Brooklyn For $9.4M
759 Manhattan Ave #761, Brooklyn, NY 11222, USA
See Similar DealsMultiFamily212,500 SF
Sold
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:212500 SF
Transaction Type:Sale
The multifamily property located at 759-761 Manhattan Avenue in Greenpoint, Brooklyn has been sold in a closed transaction. The property consists of 18 units and spans across 21,250 square feet. The transaction price for this property was $9,400,000, resulting in a price per square foot of $442.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,400,000
- Address: 759-761 Manhattan Avenue, New York
- Market: Greenpoint, Brooklyn
- Square Footage: 21,250 sf
- Price per Square Foot: $442
- Number of Units: 18
The seller of the property was RedSky Capital, represented by Ben Bernstein. The buyer, Adam Justin, successfully acquired the property. The transaction was facilitated by Lexi Kaplan, who acted as the broker.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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